Microsoft profit fell 11%

    Following reports that the profit of the company Yahoo has grown more than three times, received the financial results of Microsoft, which is aggressively trying to buy Yahoo.

    Microsoft's net profit for the third quarter of the financial year (the year at Microsoft ends June 30) fell by 11% compared with the same period last year. The company earned less than analysts had predicted, and the price of shares on the New York Stock Exchange fell 4.8% to $ 30.26.

    CNNMoney

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